A chalet in the in the Italian Alps with sweeping views of the Matterhorn has actually simply concerned market– and its cost, like the peak that towers over it, is high. At $26.5 million (24 million euros) it’s the most costly home ever noted in the Italian alps (the homes throughout the Swiss border are another story). Echoing the pyramid shape of the neighboring Matterhorn, the home stands in an actual league of its own, situated alone approximately 325 feet above the primary town of Cervinia, Italy.
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Called La Fenice (Italian for “the phoenix”), the 12,917-square-foot home is specified by a powerful stone and wood façade. According to the listing, it provides 360-degree views of the Matterhorn, the Italian Alps to the south, and the Swiss Alps to the North without any home neglecting it.
John Harrison, a previous partner and COO of the Swiss hedge fund Amplitude Capital, is its existing owner, according to Bloomberg He purchased the home– which goes back to 1936– in a rundown state in 2015 and invested much of the previous 9 years reconstructing and reconditioning the home (its name describes the chalet’s renewal from “the ashes”). Harrison worked with Mariapia Bettiol, a designer who focuses on high-altitude high-end tasks, to assist remake the home.